Amcor Dividend
Dividend criteria checks 2/6
Amcor is a dividend paying company with a current yield of 4.83%. Next payment date is on 11th June, 2024 with an ex-dividend date of 21st May, 2024.
Key information
4.8%
Dividend yield
110%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | 11 Jun 24 |
Ex dividend date | 21 May 24 |
Dividend per share | n/a |
Earnings per share | AU$0.45 |
Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, AMC has been paying a dividend for less than 10 years.
Growing Dividend: AMC's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Amcor Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (AMC) | 4.8% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.2% |
Industry Average (Packaging) | 2.8% |
Analyst forecast in 3 Years (AMC) | 5.2% |
Notable Dividend: AMC's dividend (4.83%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: AMC's dividend (4.83%) is low compared to the top 25% of dividend payers in the Australian market (6.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110.4%), AMC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.4%), AMC's dividend payments are covered by cash flows.